Tenant demand up while landlords await

Tenant demand up while landlords await reform legislation

RICS UK Residential Market Survey for lettings shows nearly a third (28%) of agents reported seeing an increase in tenant demand in the three months to January although new landlord instructions were also down – that imbalance between supply and demand expected to drive rental prices higher over the coming months.

There has been much speculation over the long-awaited Renters (Reform) Bill whether it will become law in 2024 and before the general election. There have been several delays to the Bill which is currently being debated in the House of Commons. It will need to undergo similar scrutiny in the House of Lords before it can finally become law.

Elements that weren’t in the original Bill, such as introducing the Decent Homes Standard to the private sector for the first time, have now been added in as part of the plans. It’s possible that further changes will be made as the Bill makes its way through the Commons and Lords. During the debates held so far, there have been some concessions on issues that were giving landlords major concerns. There will still be broad grounds to evict anti-social tenants or those who consistently miss rental payments.

Most unclear is Section 21. These so-called “no fault” evictions will not be abolished until the courts have been reformed, which leaves timelines muddy given that no concrete plans have been set out, or budgets allocated, to reform the courts. There are also valid concerns around whether the courts will be able to cope with the rise in cases this Bill will likely create, even with increased digitisation. Our expert lettings team will be happy to explain how this will affect landlords.


Our award-winning rental team look forward to helping you make your landlord experience stress-free.


Arins Property Services - selling & letting homes in Wokingham, Lower Earley, Tilehurst, Reading and Winnersh since 2009.



Other recent news articles:

House prices more than £30,000 higher than this time last year while rents move upwards!

We’ve seen exceptional demand from buyers and tenants alike as summer is in full swing. As we look towards the autumn, we believe prices...

Read more

Prices fall though likely more due to holidays than rate rises

Price of property coming to the market sees first fall this year, down 1.3% in the month to £365,173 (-£4,795): - Prices usually...

Read more

★ ★ ★ ★ ★

Harry and Chrissie helped us with our sale and...

"Harry and Chrissie helped us with our sale and they were brilliant at what they do. Harry was spot on with the asking price and sold within the first round of viewings, got us multiple offers and..."

View more on allAgents
★ ★ ★ ★ ★

From start to finish Arins were quick, thorough...

"From start to finish Arins were quick, thorough and on the ball. The marketing was done almost instantly, with one packed day of viewings leading to mulitple offers. They were also constantly..."

View more on allAgents
★ ★ ★ ★ ★

Arins handled my sale perfectly from the...

"Arins handled my sale perfectly from the beginning. They arranged many viewings, worked around my limited availability because of my health problems. always responded by phone or email very..."

View more on allAgents
★ ★ ★ ★ ★

We recently had the pleasure of working with...

"We recently had the pleasure of working with Arins to sell our home, and We couldn\'t be happier with the experience. From the very beginning, they demonstrated a high level of..."

View more on allAgents
★ ★ ★ ★ ★

Having had zero joy with another agent, we...

"Having had zero joy with another agent, we instructed Arins. From day one they were on it. We got the house listed just before Christmas and on the same day we had viewings booked for the first day..."

View more on allAgents

Register today for property updates

Instant online valuation

60 - second instant online valuation
Get a valuation